This figure should be positive for healthy organizations. It is derived by tallying the state government’s assets (monetary funds, investments, buildings, roadways, bridges, parks, etc.) and subtracting its obligations. The last positive position California had was during Governor Pete Wilson’s final term where the state had $1.5 billion in net assets.

California is now ranked the worst state, below Illinois, whose net position is a negative $143 billion, or $11,174 per person. Illinois’ finances are so bad, they’re telling lottery winners that they have to delay their payments.

In the 6 years following the Great Recession, California’s gas tax revenue grew by $1.75 billion, while road spending remained stagnant (Board of Equalization Data).

5. California's Business & Economic Competitiveness

California has the nation’s highest income taxes. California also has the highest corporate tax in the Western United States. According to the Tax Foundation’s 2016 Facts and Figures, California is ranked 48th overall.